The City of Calvin adopted the following General Fund for the Fiscal Year 2012: Estimated Revenues:

The City of Calvin adopted the following General Fund for the Fiscal Year 2012: Estimated Revenues: Taxes, $2,450,000; Licenses and Permits, $450,000; Intergovernmental Revenues, $840,000; Fines and Forfeits, $200,000 Appropriations: General Government, $860,000; Public Safety, $1,800,000; Public Works, $900,000; Health and Welfare, $740,000.
Record this transaction in the General Ledger and in the Subsidiary/Governmental Activities ledger.